Bitcoin On Air: August 2022

Wednesday, 31 August 2022

REPORT: Bitcoin could reduce warming by 0.15C by mining on flared methane (while oil companies make extra money, giving them actual incentive to do this)

https://bit.ly/3CP2KdB via /r/Bitcoin https://bit.ly/3CTr91w

Congratulation for 900k whole coiners !

https://bit.ly/3AEFuwa

Submitted August 31, 2022 at 08:50PM by Dismal_Space459 https://bit.ly/3ABASa7

When shitcoiners tell you that Bitcoin is old & slow and will totally get replaced while you know how amazing the Lightning Network is.

https://bit.ly/3KyeVx8

Submitted August 31, 2022 at 05:29PM by CoinCorner_Sam https://bit.ly/3wEIjvV

Congratulation for 900k whole coiners !

https://bit.ly/3AEFuwa via /r/Bitcoin https://bit.ly/3ABASa7

At the peak of the bull run, everyone was predicting another 10X. Now that we are in the middle of the bear market, everyone is predicting another 90% crash...

What do they have in common? They are both wrong, and probably broke. LOL.

Submitted August 31, 2022 at 08:39PM by MasterDebater100 https://bit.ly/3eeT1TS

Bitcoin yearly candles

2010 - First Bitcoin exchange market was established. Bitcoin price closed off the year at $0.302011 - Green (close $4.72, yearly high $32)2012 - Green (close $13.90, yearly high $15.40)2013 - Green (close $739, yearly high $1242)2014 - Red (close $322, yearly high $995)2015 - Green (close $429, yearly high $504)2016 - Green (close $970, yearly high $984)2017 - Green (close $13888, yearly high $19804)2018 - Red (close $3692, yearly high $17223)2019 - Green (close $7167, yearly high $13870)2020 - Green (close $28980, yearly high $29307)2021 - Green (close $46195, yearly high $69000)2022 - Red (currently $20306, yearly high $48223) via /r/Bitcoin https://bit.ly/3AIfZua

Tuesday, 30 August 2022

Bring your lightning wallet & come get some street food; Bitcoin is a currency in Boracay, Philippines!

https://bit.ly/3RkGL2m

Submitted August 31, 2022 at 12:42AM by Pouch-PH https://bit.ly/3TuYW7a

66% of Bitcoin supply has NOT moved in 1+ years

2/3 of all Bitcoin is illiquid (not moving or being sold) even after all the fear / crypto winter crash and economic forecasts on the global stage. so only 1/3 of bitcoin is being traded back and forth and is available for purchase. Some of that supply being traded is going illiquid into the hands of whales / people with longer time frames and more information that other investors are missing.i also believe a majority of that illiquid supply is not undertreat of liquidation/margin calls and i dont see how bitcoin drops lower and even if it did, there is far too many people ready to buy that dip. Everyone calling for 10k bottoms or so are just calling a bottom but dont admit that bitcoin is still here to stay and after 10k bottom it will go back up. There is a extreme amount of bullish news for bitcoin between adoption from / offerings form investment firms like blackrock/fidelity , dubai blasting money to be come a global crypto hub. more addresses, more HODL'ers, less supply each day available and it goes on forever for bull cases. but no real bear cases besides rumors of a Mt.gox release that has not been verified anywhere.this has to be the bottom or very close to it, i dont see how a massive selling could happen to push the price down more especially as for every seller, there is a buyer. if it does dip more it will only be very short lived as ofcourse that dip will be purchased in a frenzy and then its over. bears got their case, now what.... Bitcoin has sat in this range for far too long for no real reasons besides people being scared of nothing...we are so close to ripping to the moon now and i feel bad for everyone that exited for nothing but a emotional response or they lacked a piece of informationtheres like 90% bullish news and adoption vs like 10% of bear news/fear, mainly just people with charts and graphs and just looking at patterns and mt.gox. and some other misc. but theres nothing left to logically fear. via /r/Bitcoin https://bit.ly/3CZwrsL

Iran reportedly passed a law enabling the use of bitcoin (and shitcoins?) as payment for imports and establishing a framework for the asset class, including mining regulations.

https://bit.ly/3czyKYz

Submitted August 30, 2022 at 10:14PM by CoinCorner_Sam https://bit.ly/3KymlR7

The Bitcoin protocol gives you incredible guarantees in an uncertain world. 13 years after the creation of Bitcoin, still 10 minutes per block, difficulty adjustment every 2,016 Blocks, 21 Million, ...

https://bit.ly/3Q1bBvy

Submitted August 30, 2022 at 08:44PM by sylsau https://bit.ly/3AY2qbb

Bring your lightning wallet & come get some street food; Bitcoin is a currency in Boracay, Philippines!

https://bit.ly/3RkGL2m via /r/Bitcoin https://bit.ly/3TuYW7a

You know SHTF for real when you see the local priest running away from the village in the middle of the night carrying the tithe..

https://bit.ly/3CJSmnC

Submitted August 30, 2022 at 08:05PM by CryptoDApper https://bit.ly/3R2X5oq

Monday, 29 August 2022

Bitcoin is easier to use than the current banking system

I know there’s adoption hurdles since regular people don’t want an immutable transaction or may need customer service, but I’m increasingly convinced of Bitcoin’s real world viability when trying to send an international wire transfer.My family is going to a destination wedding in the E.U. and the hotel is really strange asking for a wire transfer and won’t give us an option to use a credit card or something more conventional. However, the bank is having a hard time and I don’t know what to tell them other than, “this is the information and instructions they gave me.”Yet with Bitcoin all they would have to do is send me an address or QR code, and I could send a test transaction, full transaction, and likely have this done in a few minutes. AND it would be cheaper than sending an international wire (I’m from the US). Hopefully these kinds of hassles will help people realize Bitcoin is far easier, and time/cost efficient. via /r/Bitcoin https://bit.ly/3PYFxZm

While the Venezuelan bolivar lost more than 25% of its value, 33 BTC were traded last week here using LocalBitcoin (Monthly minimum wage currently at 16 USD)

Hi guys, Venezuelan "living" here.I have been posting this for the last years also I usually post in the cryptocurrency subreddit but like to post it here as the main currency talked here is the BTC, also some people stay in this sub and avoid the cryptocurrency one!Last week exchange rate increased from less than 6 Bs. per USD to almost 8 Bs. per USD.Monthly minimum wage has been a wild ride, from 1 USD monthly to 30 USD and now around 16 USD.Average wage is around 100 USD monthly.For weeks now the average BTC trade is around 30-35 BTC, remember this is only measured using LocalBitcoin not because I want, they are the only ones that make stat public. Binance, Airtm and Reserve are also used here. Years ago the value reached 2,000 BTC (in one week)One BTC is around 160,000 Bs. (Bolivares) right now! Almost a year ago government removed by law 6 zeroes, so it would have been 160,000,000,000 "old" Bs.People use crypto to escape Bolivares, also some people receive remittances from abroad like that, and miners to exchange they payments (as electricity is technically free).Some sources,https://bit.ly/3auOcnF via /r/Bitcoin https://bit.ly/3csSixL

I think we should all take a moment to reflect on the decline of the Roman Empire and the impact inflation and the dilution of the Denarius had on it .

I wonder what the Romans would say about Bitcoin ?

Submitted August 29, 2022 at 10:48PM by Traditional_Tell2266 https://bit.ly/3AUqBXR

The 6.8% Increase will Bring Bitcoin Mining Difficulty to an All-Time High.

https://bit.ly/3Reiw5C via /r/Bitcoin https://bit.ly/3TqoHW9

I think we should all take a moment to reflect on the decline of the Roman Empire and the impact inflation and the dilution of the Denarius had on it .

I wonder what the Romans would say about Bitcoin ? via /r/Bitcoin https://bit.ly/3AUqBXR

20% Daily ROI, must be a scam right?

https://bit.ly/3ASL67w

Submitted August 29, 2022 at 08:58PM by PM-ur-BoobsnPussy https://bit.ly/3Tkd2Zf

Sunday, 28 August 2022

Accept it, Bitcoiners will come.

https://bit.ly/3e3jhQG via /r/Bitcoin https://bit.ly/3CDy6nh

RIP Hal Finney - a true bitcoin pioneer. (May 4, 1956 - August 28, 2014)

https://bit.ly/3cp88t6

Submitted August 28, 2022 at 11:43PM by CoinCorner_Sam https://bit.ly/3CDDszg

Mr.Bitcoin will do it again ?

https://bit.ly/3RhkKkR

Submitted August 28, 2022 at 11:34PM by NeedleworkerNo2874 https://bit.ly/3RjgfGi

RIP Hal Finney - a true bitcoin pioneer. (May 4, 1956 - August 28, 2014)

https://bit.ly/3cp88t6 via /r/Bitcoin https://bit.ly/3CDDszg

This is the president of the Federal Reserve in Minneapolis, telling the truth about Central Bank Digital Currencies ... They are useless ... Unless you want to control, surveil and tax the hell out of your people like China wants to (and Europe apparently). 😨

https://bit.ly/3ReeWsn

Submitted August 28, 2022 at 10:34PM by s3k2p7s9m8b5 https://bit.ly/3Kr8Oux

Mr.Bitcoin will do it again ?

https://bit.ly/3RhkKkR via /r/Bitcoin https://bit.ly/3RjgfGi

Saturday, 27 August 2022

Garnet St, San Diego CA (a few blocks from the beach)

https://bit.ly/3pVDMS1

Submitted August 28, 2022 at 12:40AM by atmostatux https://bit.ly/3RgZhIY

Many Nigerians are holding crypto and using it in their daily lives. This is just one example of how crypto is being adopted by everyday people worldwide.

https://bit.ly/3RdTDY2

Submitted August 27, 2022 at 06:55PM by coindesk https://bit.ly/3Q2Yr1u

Will Bitcoin ever stop being manipulated by exchanges and whales to prey on retail investors? Or will the same thing keep happening just at different btc prices?

No text found via /r/Bitcoin https://bit.ly/3QWeFKZ

Garnet St, San Diego CA (a few blocks from the beach)

https://bit.ly/3pVDMS1 via /r/Bitcoin https://bit.ly/3RgZhIY

Many Nigerians are holding crypto and using it in their daily lives. This is just one example of how crypto is being adopted by everyday people worldwide.

https://bit.ly/3RdTDY2 via /r/Bitcoin https://bit.ly/3Q2Yr1u

We will never know true adoption

I don't talk about bitcoin with anyone in my real life.

I suspect there are many people like me.

If adoption rates were in fact growing exponentially, I would think existing media outlets would do everything in their considerable power to suppress that information. The media is owned by fiat oligarchs after all who have everything to lose if bitcoin succeeds and levels the financial playing field.

If I'm right about this, then there truly could be a slowly then all-at-once adoption scenario coming.

While I doubt this is happening yet, I sometimes day dream about banks and hedge funds seeing all this fiat disappearing from their balance sheets and into bitcoin. In my fantasy, I imagine them panicking as they become more and more insolvent and their tactics to appear viable become more and more desperate.

The more hit pieces they commission, the more politicians they buy, the more alts they promote, the more fake money they create... The more bitcoin just keeps growing and becoming stronger.

That would be so freakin' cool.

Submitted August 27, 2022 at 02:48AM by Apprehensive-Log-849 https://bit.ly/3KmjyKR

Friday, 26 August 2022

Bitcoin Explained

https://bit.ly/3pLy45p via /r/Bitcoin https://bit.ly/3dP8xp2

Saifedean telling the Celsius CEO that having 7% APR on stable coins is not sustainable. 2019

https://bit.ly/3pMjMkL via /r/Bitcoin https://bit.ly/3coI0i1

guess i need a patience therapy

https://bit.ly/3APOekl

Submitted August 26, 2022 at 10:17PM by abrdat https://bit.ly/3TgR8pA

Path To A Bitcoin Standard In Africa - Bitcoin Magazine

https://bit.ly/3wz0lQq via /r/Bitcoin https://bit.ly/3pPIgcU

Paying in BTC via Lightning is FASTER than Visa

https://bit.ly/3RgaGsy

Submitted August 26, 2022 at 09:28PM by Bellar101 https://bit.ly/3KuVGVl

Hodlonaut Legal Defense Fundraiser - Telethon Livestream

https://bit.ly/3AP5pCE via /r/Bitcoin https://bit.ly/3pOXcZ2

Thursday, 25 August 2022

US Senate Candidate Bruce Fenton: Get the government out of the money business. We need to separate money and state just like we separated church and state.

https://bit.ly/3clGe17 via /r/Bitcoin https://bit.ly/3PP8pn0

Get your coins out of the exchanges!

https://bit.ly/3PLadgx

Submitted August 26, 2022 at 12:34AM by Time-Factor https://bit.ly/3RffOwZ

Daily Discussion, August 25, 2022

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Join us in the r/Bitcoin Chatroom!

Please check the previous discussion thread for unanswered questions.

Submitted August 25, 2022 at 01:04PM by rBitcoinMod https://bit.ly/3chAIwr

Finally, my mortgage can be paid with a CC and then the Fold card!

Full admit, I was jelly other people were making millions of free sats by paying their mortgages with PP billpay and Fold. Finally, my loan changed to Mr Cooper and they participate on PP billpay serviceSo now, like literally everything else I buy or pay; I can use my best credit card for the mortage payment, collect cash back, then use my Fold card to pay off the credit card and get free BTC back on top of that. The double dip move. It should be about $90, half cash and half BTC every time I pay my mortgage now.I've made 750k free sats in 3 months using Fold but I should be making that at least every month now.If you aren't using Fold, read up, I don't mind answering any questions eitherIt feels like the getting can't be this good forever... via /r/Bitcoin https://bit.ly/3PR4o1p

⚡ Lightning Thursday! August 25, 2022: Explore the Lightning Network!⚡

The lightning network is a second-layer solution on top of the Bitcoin blockchain that enables quick, cheap and scalable Bitcoin payments.

Here is the place to discuss and learn more about lightning!

Ask your questions about lightning

Provide reviews, feedback, comparisons of LN apps, services, websites etc

Learn about new LN features, development, apps

Link to good quality resources (articles, wikis etc)

Resources:

Here is an awesome list of resources compiled by Jameson Lopp: https://www.lopp.net/lightning-information.html
Want to test out your lightning fire power? tip the Bitcoin devs! https://bitcoindevlist.com/
Previous threads: Search
Lnbook getting closer towards being finished and can already be seen at: https://github.com/lnbook/lnbook
Lightning Dedicated YouTube Channel: https://youtube.com/renepickhardt
Also there is the playlist by chaincode labs: https://youtube.com/playlist?list=PLpLH33TRghT17_U3as2P3vHfAGL8pSOOY
Lightning stores: https://www.lightningnetworkstores.com/
Learn more and talk about lightning right here in r/Bitcoin, r/bitcoinbeginners, r/thelightningnetwork, and the r/Bitcoin chat

Submitted August 25, 2022 at 02:11PM by rBitcoinMod https://bit.ly/3PTyJvX

Get your coins out of the exchanges!

https://bit.ly/3PLadgx via /r/Bitcoin https://bit.ly/3RffOwZ

Moratorium on Announcements of Bitcoin Holdings: A Proposal

Posts that announce one’s Bitcoin holdings are not only very low effort, they also do little (nothing?) to enhance the sub and can potentially put people in harms way. In other words, the risk-benefit ratio veers strongly towards risk.

I understand that there are folks who need validation / reassurance from other bitcoiners, but surely there is another way? Instead of announcing ones holding, why not something along the lines of “I am stacking sats, and here’s why!” At least we get some level of content that might enrich the sub.

I also fully admit that I may just be grumpy, so in the spirit of openness, please tell me if AITA here.

Submitted August 25, 2022 at 08:40PM by nomjs https://bit.ly/3dWCaol

Wednesday, 24 August 2022

10k moral hazard

Biden will forgive 10k in federal student loan debt.And by "forgive" I mean every single person will pay for it either through taxation or debasement of the currency.In 2019, I paid off my student loans. I estimated that 10k was the equivalent of 3 months of work minus necessary expenses.I was extremely frugal because I didn't want debt.Thought experiment: let's say I could grant you 3 months of your youth? How much would that be worth to you?I'm never getting that time back.There's an even bigger moral hazard that emerges from this.The government can wave a magic wand and poof! Problems solved!People will only request more from the government and there will be even more taxation and/or currency debasement.I NEED TO HAVE A HARD ASSET OUTSIDE OF THIS BROKEN SYSTEMI need something that is worth trading my time for.Time is money.If the money is worthless, then so is your time! via /r/Bitcoin https://bit.ly/3QMSCpZ

Need Help!!! A customer sent me $100 a few hours ago on my address but I still haven't received anything on my account, but he's positive he's sent the funds what can I do here? And where did those funds go?

https://bit.ly/3Tf2U3B

Submitted August 24, 2022 at 11:35PM by Two-Bs https://bit.ly/3KgsNvS

I should have followed my instincts 6 years ago...

https://bit.ly/3QPCnZk via /r/Bitcoin https://bit.ly/3CoxSR4

Biden to announce forgiveness of $10-20k student loans for under $125k income today

Apparently it’s happening. $20k if you had pell grants, otherwise $10k, if your income is under $125k. I had a limit order to buy some more BTC at $20k, but just went ahead and bought some at market price. Was that smart? Who knows. We’ll see. Lol. via /r/Bitcoin https://bit.ly/3CqpP67

Need Help!!! A customer sent me $100 a few hours ago on my address but I still haven't received anything on my account, but he's positive he's sent the funds what can I do here? And where did those funds go?

https://bit.ly/3Tf2U3B via /r/Bitcoin https://bit.ly/3KgsNvS

Daily Discussion, August 24, 2022

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Join us in the r/Bitcoin Chatroom!

Please check the previous discussion thread for unanswered questions.

Submitted August 24, 2022 at 01:08PM by rBitcoinMod https://bit.ly/3cjoZO2

My precious little baby full node

Today I finished installing this full node on an old Android smartphone, more precisely a Motorola One Action. I rooted, with the bootloader already released and the e/OS installed. Then I installed Termux and an Ubuntu. Making the node work on this little one was very satisfying. There are no excuses for not decentralizing. https://i.imgur.com/eAgqpa0.jpg

Submitted August 24, 2022 at 12:20PM by Mrbosley https://bit.ly/3dUg8mn

Doomberg on Why the SEC Will Never Approve a Spot Bitcoin ETF (The Canadian Bitcoiners Podcast Bear Cave)

https://bit.ly/3CuB8ua

Submitted August 24, 2022 at 06:35PM by CanadianBTCPod https://bit.ly/3coWTRk

Tuesday, 23 August 2022

(Pls read the whole thread) "In less than a month, I go to court in Norway. After that, the UK proceedings await, ...to make sure my fight is brought to its successful conclusion, with court judgments that effectively put an end to any further bullying of bitcoiners, developers and companies".

https://twitter.com/hodlonaut/status/1560319056732983296

Submitted August 23, 2022 at 09:57PM by simplelifestyle https://bit.ly/3QIkLi3

Craig Wright is a scammer fraud

https://bit.ly/3pCn2iI

Submitted August 23, 2022 at 11:21PM by chek2fire https://bit.ly/3ABB3Cz

A piece of advice from an old trader

Hi all. I am an FX and equities high frequency trader, worked in some major hedge funds (Citadel/Virtu/Jump) and I have a couple of thoughts to share with you. I do not want to stir the pot but I want you to make informed trades, if you ever agree to participate in crypto trading.In 2010 after the HFT feast on the market during the 2007-2009 subprime market meltdown, a practice called "layering", ie spamming one side of the book, was outlawed. At that time HFT was like shooting fish in a barrel. I remember making +50 million dollars for my hedge fund in 10 minutes with just one process running in one box inside NYSE's datacenter.We did that mostly by duping the market. Because we knew we were the fastest in the market, and we could cancel all our orders at any time very fast, we would place an outrageous amount of orders on one side of the book in such a way that anybody watching from a Bloomberg terminal would have the impression that someone big was trying to buy (or sell) the entire book. At the same time we would place our (passive) orders at the other side of the book. Then they would take the bait and buy (or sell) our orders at the opposite side at what time we would cancel all our orders and the price would eventually move against them and in our direction.Astoundingly this scam worked for many years and even more in times of volatility. It was finally outlawed by the SEC in 2010 (or 2011). JP Morgan recently was found guilty of exactly that in the commodities trading.So for many years all the sharks were forbidden to use their sophisticated tools to manipulate the market and that was awesome for the retail investors. They were guaranteed a calm market to make their purchases.Enter crypto. Because crypto is unregulated, none of these protections apply and hedge funds took notice. Just by looking at the data, all the major players are at full speed waging war in the crypto world, unconstrained. All these firms are ripping off the head of anyone that ventures into that market and retail is the flesh they all are waiting for. I have already seen a couple of academic papers pointing out of this evidence but I can by myself just clearly see in the data all that they are doing. But most of you guys do not because many of you do not have the skills nor the tools do dig into the level of detail and generate the summaries that highlight this fact. I do and I am really sorry for some of you getting in this pool with the sharks.So you want to trade crypto? Sure but check your emotions at the door. Social engineering and behavioral trading are a thing and we use that against you. Be warned. Be safe.Cheers. via /r/Bitcoin https://bit.ly/3TfnaCf

The first Bitcoin conference was 11 years ago in NYC. It had 75 attendees.

https://bit.ly/3wrBSfU

Submitted August 23, 2022 at 11:01PM by ecky--ptang-zooboing https://bit.ly/3Cr3Pbx

Craig Wright is a scammer fraud

https://bit.ly/3pCn2iI via /r/Bitcoin https://bit.ly/3ABB3Cz

Daily Discussion, August 23, 2022

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Join us in the r/Bitcoin Chatroom!

Please check the previous discussion thread for unanswered questions.

Submitted August 23, 2022 at 01:04PM by rBitcoinMod https://bit.ly/3Cm2Vgp

The first Bitcoin conference was 11 years ago in NYC. It had 75 attendees.

https://bit.ly/3wrBSfU via /r/Bitcoin https://bit.ly/3Cr3Pbx

Monday, 22 August 2022

Average Bitcoin transaction fee drops under $1, now at $0.825

https://bit.ly/3wl3JOu

Submitted August 22, 2022 at 05:27PM by studposs https://bit.ly/3ccN1u0

I have 100k should I buy BTC now?

I recently received a settlement for an injury, I paid my debts and currently have just over 2k (CAD) in BTC today from slowly investing over the years, i would love to own at least 1 BTC. Is now the time? What would you invest in with 100k? I also plan to own real estate so I don’t want to put it all on BTC but I also don’t want to miss out.

Submitted August 22, 2022 at 09:49PM by kenkennykendallll https://bit.ly/3AEFj5p

SCAM ALERT. Don’t fall for this if you receive an email

https://bit.ly/3pIlPWZ via /r/Bitcoin https://bit.ly/3pC15jR

Samsung Securities To Launch Bitcoin, Crypto Exchange: Samsung Securities, Mirae Asset Securities and five other giant brokers have filed to launch cryptocurrency exchanges in South Korea in 2023.

https://bit.ly/3PMqjXb via /r/Bitcoin https://bit.ly/3R3yCyY

In an apparent response to my stickied post, Mr. Wright slings more threats and intimidation

https://bit.ly/3AyFazh

Submitted August 22, 2022 at 11:12PM by nullc https://bit.ly/3Ctdu1j

I have 100k should I buy BTC now?

Seven Large Traditional S. Korean Brokerages, Including Samsung Securities, Plan to Start Bitcoin Exchanges Next Year: Report

https://yhoo.it/3CiCBUm via /r/Bitcoin https://bit.ly/3CrZzZ9

In an apparent response to my stickied post, Mr. Wright slings more threats and intimidation

https://bit.ly/3AyFazh via /r/Bitcoin https://bit.ly/3Ctdu1j

Sunday, 21 August 2022

German central bank president expects double-digit inflation, highest in 70 years

https://bit.ly/3Cily4N via /r/Bitcoin https://bit.ly/3wggE4v

Bitcoin symbol added to the list of currencies supported by Microsoft Excel

https://bit.ly/3wmjDIu via /r/Bitcoin https://bit.ly/3CoVvsQ

Secretly Holding Bitcoin

How many of you secretly hold bitcoin to a point that even your partner doesn't know the extent of your holdings? When one bitcoin is worth 1 million dollars, will you let them know or keep it a secret?

Submitted August 21, 2022 at 12:19PM by k-em-k https://bit.ly/3cdkdl8

Make money while heating your house

https://bit.ly/3T4GthI

Submitted August 21, 2022 at 09:23PM by SalviaJungle https://bit.ly/3T8UT04

We hit 4.5 million users on this sub

On bitcoin infinity day! 8/21 >>>> ♾/21

Submitted August 21, 2022 at 09:33PM by JTennant83 https://bit.ly/3AfosV5

Make money while heating your house

https://bit.ly/3T4GthI via /r/Bitcoin https://bit.ly/3T8UT04

Interesting interview with Elizabeth Stark, founder of Lightning Labs, talking about Bitcoin Lightning adoption.

https://bit.ly/3QXN1N5

Submitted August 21, 2022 at 10:18PM by _CypherIO https://bit.ly/3Kpup6V

Bitcoin Distribution

https://bit.ly/3c7rYZZ

Submitted August 21, 2022 at 09:02PM by Jeterea https://bit.ly/3c7s187

Saturday, 20 August 2022

NH United States Senate debate Question on Bitcoin

https://twitter.com/brucefenton/status/1560707958178299904?s=21&t=Ot8PFkYDyhGEzYxGDbGO3w via /r/Bitcoin https://bit.ly/3QTrsNI

The best place to live off bitcoin?! This wall is showcasing all of the merchants accepting bitcoin on Bitcoin Island - Boracay, Philippines

https://bit.ly/3AAc83e via /r/Bitcoin https://bit.ly/3AzVsZz

Stratum V2 is a matter of urgency

Stratum V2 protocol eliminates censorship risk in Bitcoin by giving individual miners who mined the block the ability to include transactions in blocks instead of pool operators.https://bit.ly/3AaK1q2 think Stratum V2 and channel factories are the most important developments in the immediate future for Bitcoin. via /r/Bitcoin https://bit.ly/3pyFp88

Bitcoin donors fund and construct clean water well for 1,000 Nigerian villagers

https://bit.ly/3dKClmT

Submitted August 20, 2022 at 08:13PM by comfyggs https://bit.ly/3QFVogz

Two Of Ukraine's Largest Tech Retailers Now Accept Bitcoin

https://bit.ly/3ccSErZ via /r/Bitcoin https://bit.ly/3c78g0a

While all the FUD is going on I have decided to educate myself and support the network. #fullnode

https://bit.ly/3QEEnn7

Submitted August 20, 2022 at 10:24PM by Skyworthe https://bit.ly/3PBFtyz

This answer from Greg Maxwell deserves its own post: Why it's VERY important that we support Hodlonaut on his legal stand against Craig Wright.

It would be difficult to overstate how important this is to Bitcoin, yet it's often underestimated because the situation is so bizarre that if it were a novel it would get panned for being too unbelievable.

A conman who can't even program and muddles even the basics of Bitcoin tech started claiming he created Bitcoin to try to get out of trouble after he engaged in long running multi-million dollar tax fraud, which so far ended in a police raid on his home and office where he successfully evaded the police and fled the country.

On several occasions he's claimed he would provide "proof" of his claims, but the proof he provides just gets proved to be forgeries. At one juncture he was ordered to provide a list of specific Bitcoin that he owns to a court and when it was made public parties controlling thousands of Bitcoin from his list immediately showed up signing messages calling him a fraud. Even his mother called out his pathological lying.

You'd think that would be the end of it--- but no, the tax fraud set off an improbable series of forced moves as he then needed to repay the tax authority to get them off his trail so in order to get millions of dollars in loans he claimed that he had possession of 1.1 million bitcoins locked in a trust controlled by a "bonded courier" that would release them to him on a particular date (think of that scene at the end of Back to the Future 2). Unfortunately, there are plenty of technically unsophisticated but wealthy people out there who can be tricked into ignoring even the most conclusive technical evidence of fraud.

When the bonded courier didn't show (surprise surprise), Mr. Wright needed a new excuse and started claiming that his coins were stolen in an oceans 11 style high tech break in of his home to plant a "wireless pineapple" to hack his computers. He claims, conveniently, to have erased the computers afterwards so he has is no evidence of these their theft.

Now you might be thinking-- all this sounds tragic for his victims and their families but why should it concern me? And indeed, for a long time it didn't and so almost anyone of any competence just ignored him. Unfortunately, this gave him significant control of the media narrative through constant events, press releases, and bought and paid for outlets. To really lock it in he began filing lawsuits against journalists and community members that countered his facially false claims chilling criticism. The world has been split into two groups: Ones that don't know any better and will repeat his claims with minimal skepticism and people who know that they don't want to go anywhere near it. As a result the first group sets the public narrative.

With so much coverage treating him seriously (often saying, at most, that his claims are "disputed by some" rather than laughable and thoroughly disproved) and tens of millions in funding from his victims-- allowing him to essentially monopolize a whole lawfirm-- the courts have taken him seriously too. So although his court cases are laughable and doomed, he's able to inflict millions of dollars in legal fees on his victims even when they ultimately win, and in some cases damaging them financially so thoroughly that they're unable to effectively fight back. He's been directing these lawsuits at Bitcoin community members, advocates, and journalists, and more recently Bitcoin developers and former developers and exchanges.

His vexatious litigation has made the Bitcoin Whitepaper unavailable to people in the UK from the original download site, in fact when you search for it in the UK you get a recent forgery by Mr. Wright with his name on it-- I once had a rather confused conversation with a journalist that couldn't understand why anyone would think Wright didn't created Bitcoin, finally they said his name was on the whitepaper and I understood what had happened. It's also caused Bitcoin Core to be unavailable from bitcoin.org to anyone in the UK.

To substantiate his pineapple hack claims he's filed a lawsuit against a dozen (active and former, but increasingly former) Bitcoin developers demanding they aid him in producing and distributing version of Bitcoin with a cryptographic backdoor which will allow him to seize coins he's claimed to have lost (but obviously never owned) or otherwise pay him billions of dollars in damages. To anyone with expertise in Bitcoin it's obvious why the demand can't work: Users simply wouldn't choose to run such a version and would run alternatives or stay on old versions. But the courts aren't Bitcoin experts and seem happy to provisionally take Wright's word for it that it would work and not immediately dismiss the case on the basis of its obvious impossibility.

He's also supposedly filed a second lawsuit against an overlapping and somewhat larger set of developers for, apparently, failing to do his bidding more generally. That's not even getting into the substantial amount of harassment and threats (including publishing a statement that he'd shoot us in the back of the head if he could get away with it) outside of the legal system. His actions have contributed to at least four of some of the most prolific and longest standing developers discontinuing or substantially curtailing their involvement with Bitcoin. (and I'm a target of both of these cases.)

And of course, Wright and his conspirators are actively lobby governments, schmoozing heads of state.

When people talk about Bitcoin being robust and safe from attack this isn't some magical property that exists in a vacuum-- part of what makes it strong is its community. It's protected because its community follows their self-interest and acts to protect it. Sometimes that protection comes in the form of developers engineering excellent security technology, but sometimes what's needed is political, public relations, or legal aid. All the amazing technology in the world can't help if people don't get access to it, don't make use of it because they've been bamboozled out of it, or have to take unreasonable risks to work to maintain it.

The deck is stacked enormously against hodl and Wright's other targets: Wright's laughable claims across multiple countries should have been possible to discharge in a summary judgement, limiting the legal costs to merely hundreds of thousands instead of millions-- but since he has nothing to lose, he'll tell whatever lies are required to keep the litigation going for as long as possible. And with Wright burying his opponents under a hundred of thousands of documents (a substantial percentage of which are forgeries) he easily can drive trial costs into the millions or tens of millions of dollars. It creates a situation where the most rational course of action in court is arguably to just let him win as fast as possible in order to minimize cost, since you'd come out better that way then seeing it through and winning. At best Wright's targets can hope to minimize the damages they suffer, while Wright and his conspirators expect to profit handsomely from their scheme, justifying extensive spending on lobbying and press manipulation while the opposition has been almost exclusively reactive except for a few community members posting angry tweets.

Wright's fraud is an attack on Bitcoin. Not a conjectural or hypothetical attack but a real one that has already done significant damage. I'm confident that this is an attack Bitcoin will survive because I'm confident that when people will stand up to fight for it and not wait forever for it to be solved by the invisible hand without realizing that each of us is the invisible hand. Wait for him to go away has been tried and it just allowed the situation to fester.

We're all extremely fortunate that hodl has been able to hold out to this point and continue to confront Wright's fraudulent claims directly rather than taking one of several very understandable alternative path would minimize his cost but leave the fraud substantially unchallenged. It's an effort that deserves our support.

But helping hodl continue his fight is merely necessary, it's not sufficient: It's unlikely that Wright will be stopped by even a complete victory by Hodl, only slowed by it. At this point it seems likely that the only thing that will trigger the end of it is the start of criminal prosecution. That isn't a long shot either: Last we heard the Australian criminal case over his tax fraud is still ongoing but prosecutors tend to act slowly, only when they're absolutely sure of a win especially absent political pressure or a prospect of funds recovery. But in spite of the vastness of the Bitcoin, our community doesn't appear to be that well politically connected. But not that well isn't not at all: There are some of us that know people with the power to do something here or have it themselves. It's time to start some of those conversations.

https://np.reddit.com/r/Bitcoin/comments/ws8wfd/starting_september_12th_in_oslo_norway_hodlonaut/ikxqxoo/

Submitted August 20, 2022 at 10:01PM by s3k2p7s9m8b5 https://bit.ly/3PLyyTK

Friday, 19 August 2022

What sorcery is this ?

https://bit.ly/3c7EtEJ

Submitted August 20, 2022 at 03:06AM by mino3 https://bit.ly/3AAL04m

What sorcery is this ?

https://bit.ly/3c7EtEJ via /r/Bitcoin https://bit.ly/3AAL04m

Bitcoin The World’s Reserve Currency

https://bit.ly/3QTLQhN

Submitted August 19, 2022 at 07:29AM by redditjohn_88 https://bit.ly/3A8w3oG

Fossil that looks like bitcoin logo

https://bit.ly/3T6fOBg

Submitted August 19, 2022 at 09:37PM by nutyourself https://bit.ly/3PG0Pe1

Recurring Bitcoin lightning payments are coming! What are the best applications?

Recurring Bitcoin payments over lightning are coming - with recent announcements from lnbits (here) and CoinCorner (here)

This feature will allow you to set up a "standing order" (i.e. a fixed amount at regular intervals) to any lightning address. It will also allow a "direct debit" style recurring Bitcoin payments (i.e. the merchant can specify the amount due each time).

I know I can think of plenty of potential applications, but I want to hear your ideas! Let me know below :)

MSW - Business Development at CoinCorner

(Buy Bitcoin)

Submitted August 19, 2022 at 05:18PM by coincorner https://bit.ly/3T1j8NS